Junior Credit Risk Analyst

Hybrid - London Location

Who We Are

Premium Credit is the leading provider of insurance premium finance and a range of annually charged services, including tax, regulatory and accountancy fees, sports season tickets, memberships and school fees in the UK and Ireland. We are a multi award winning business lending more than £4.5 billion to over 2.5 million customers through a network of almost three thousand partners- and growing.

Certified as Great Place to Work, we’re a successful business with a Trustpilot rating of 4.5, a Net Promoter Score of +78, a Glassdoor rating of 4.4 and a Silver Sustainability medal.

The Role

We’re looking for a Junior Credit Risk Analyst to join our Counterparty Risk team. This is an excellent opportunity for someone early in their credit or financial services career to build hands-on experience in credit assessment, partner oversight and portfolio monitoring.

You’ll play a key role in supporting the management of our counterparty portfolio—helping ensure strong credit quality, regulatory compliance and positive customer outcomes.

What You’ll Be Doing

• Supporting the preparation of credit proposals and recommending approvals

• Monitoring the performance of partners and insurers against agreed metrics

• Analysing financial data and producing clear, structured summaries

• Completing credit reviews using internal data and external sources (e.g. financial accounts, credit reports)

• Maintaining accurate records across credit systems and supporting audit readiness

• Liaising with internal teams including Sales and Partner Setup to support onboarding and ongoing management

• Identifying potential risks or breaches and escalating where appropriate

• Providing ad hoc support across the wider Credit function

What We’re Looking For

We’re looking for someone who is analytical, proactive and keen to learn:

Key skills and experience:

• Strong Excel skills (formulas, sorting, data analysis)

• Confidence analysing data and presenting findings clearly

• Experience reviewing financial or credit information (e.g. credit reports, accounts)

• Strong organisational skills and attention to detail

• Excellent communication skills and ability to work collaboratively

• Interest in financial services, lending or risk

Nice to have:

• Experience in credit risk, underwriting or financial analysis

• Knowledge of financial accounts or lending processes

• Advanced Excel skills (e.g. Pivot Tables, VLOOKUP)

Why Join Premium Credit?

We offer more than just a role—we offer a career where you can grow, contribute and feel valued.

Our benefits include:

• Competitive Salary

• 25 days holiday with the opportunity to buy or sell an additional 5 days per year

• Pension scheme with employer contributions

• Life assurance

• Employee wellbeing initiatives and support

• Ongoing learning, development and career progression opportunities

We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please let us know on the application form or by sending an email to recruitment@pcl.co.uk

If you're made an offer of employment you'll be required to prove your eligibility to work in the UK before you start work. You must reside in the UK from the start date of this role; unfortunately we are unable to provide visa sponsorship at this time.

To ensure you can work from home efficiently you'll be asked to provide your internet speed at the application stage.

Premium Credit are an equal opportunities employer with a strong and passionate commitment to Diversity, Equality and Inclusion in the workplace. We welcome applications from all sections of the community and encourage people from all backgrounds to apply. Equal opportunities are the only acceptable way to conduct business and we believe that the more inclusive our environments are, the better our work will be. We are open to part-time working and job share.

By submitting your application, you agree that Premium Credit may collect your personal data for recruiting and related purposes. PCL uses AI tools to assist with our review of applications, including to summarise CVs against relevant job criteria and transcribe interviews. However, our team always makes the final decision on any application. Please see our privacy notice (https://www.premiumcredit.com/Recruitment-privacy-notice) for further information on how we process your personal data during the application process.

All postholders will be subject to appropriate pre-employment vetting procedures and a satisfactory Disclosure & Barring Service (DBS) check prior to appointment.

So, if role appeals to you and you’re looking to join an industry-leading organisation, please apply. Excited but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply? And if you’re in a job share just apply as a pair. We look forward to hearing from you.

Please note, we reserve the right to close this vacancy early if we identify a number of suitable candidates. All applicants will be advised if the vacancy closes early.

We're not engaging agency support for this role and respectfully ask that agencies do not submit unsolicited candidate details to Premium Credit Limited in relation to this role.